Rome

Consumer spending 'down 3% in 2012, worst since 1946'

Only phones and computers hold up says Confcommercio

Consumer spending 'down 3% in 2012, worst since 1946'

(ANSA) - Rome, September 25 - Consumer spending will fall over 3% in 2012, the sharpest drop since the Italian republic was founded in 1946, consumer association Confcommercio said in its latest forecast Tuesday. Only the phone, computer and supermarket-discount sectors held up this year, it said.

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